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20121115
20121115
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economy contracted for a second straight quarter. the wider eu, however, avoided the same fate, thanks mostly to last summer's olympics boost. >>> back on the street yesterday, selling picked up during president obama's media briefing about those upcoming tax cut negotiations. and today, we'll see the impact the fed has. chief ben bernanke speaks this afternoon. >>> before the bell this morning, walmart reported earnings that beat the street's estimates. retail sales dropped in october after three months of gains. >>> later today, bp is expected to announce it will pay the largest penalty in history to settle criminal and other claims from the 2010 gulf oil disaster. >>> the fda says over the past four years, 5-hour energy shots have been cited in the deaths of 13 people, this after last month's news tying monster energy drinks to five fatalities. >>> pizza chain papa john's is under fire after allegedly sending hundreds of thousands of unsolicited text messages to its customers. plaintiffs are seeking $250 million in a class-action lawsuit. >>> well, say it isn't so. twinkies gone by
to make sure their work holds. christie smith, nbc bay area news. >> christie, thank you. no homes were damaged. and so far the city has received three claims tied to that mudslide. >>> president obama held his first news conference since being reelected this morning. he addressed the growing david petraeus scandal, praising the former cia director for his career, but is reserving judgment on whether he should have been informed earlier. the president also said he is very confident they can gem immigration reform done. and those discussions are already under way. he also said he wouldn't extend the bush tax cuts to people making more than $250,000. but his sharpest response came following criticism of u.n. ambassador susan rice and her comments on the attack in benghazi. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence that she had received, to besmirch her reputation is outrageous. >> senator li
. >> thanks to president obama for the confidence -- >> reporter: david petraeus no longer heads the cia, but he's volunteered to testify this week to congressional benghazi hearings as new details emerge about the e-mails that helped end petraeus' career. >> he's provided this country an extraordinary service. >> reporter: speaking for the first time about the scandal wednesday, president obama praised petraeus for extraordinary service saying he's seen no signs of a national security breach over the course of the investigation. >> i have no evidence at this point from what i've seen that classified information was disclosed that in any way would've had negative impact on our national security. >> reporter: republican senators brushed off that scandal calling the attack on benghazi far more important. >> there's the weird and the strange and the human failings in one camp. and there is a legitimate question about national security being breached in the other camp. >> reporter: meanwhile, paula broadwell remained at her brother's home in washington on wednesday still not talking. but off
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